Managers / Q2 2025 · view latest →
Financial Perspectives, Inc
CIK 0002003287 · 3300 FERNBROOK LN N, SUITE 250, MINNEAPOLIS, MN, 55447 · 7633347211
Summary
Financial Perspectives, Inc reported $331M in U.S.-listed holdings across 724 positions for Q2 2025.
Its largest position, Medtronic, represents 5.8% of the portfolio.
Compared with Q1 2025, the fund opened 18 new positions and exited 13.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ETP · 49.2% · $163M
- Common Stock · 39.3% · $130M
- Other · 7.0% · $23M
- ADR · 4.2% · $14M
- REIT · 0.2% · $697,282
- Other · 0.1% · $219,209
Quarter-over-Quarter Changes full breakdown →
vs Q1 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| TRI4EURTHOMSON REUTERS CORP | NEW | +400 | 400 | +$80,452 | $80,452 |
| SPDR SERIES TRUST | NEW | +398 | 398 | +$53,982 | $53,982 |
| RDDTREDDIT INC | NEW | +224 | 224 | +$33,728 | $33,728 |
| SCHWAB STRATEGIC TR | NEW | +1.4K | 1.4K | +$31,542 | $31,542 |
| ISHARES TR | NEW | +523 | 523 | +$29,515 | $29,515 |
| VANGUARD INDEX FDS | NEW | +49 | 49 | +$13,980 | $13,980 |
| ISHARES TR | NEW | +339 | 339 | +$11,769 | $11,769 |
| EASTERLY GOVT PPTYS INC | NEW | +456 | 456 | +$10,123 | $10,123 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VANGUARD WHITEHALL FDS | HIGH DIV YLD · INTL HIGH ETF · INTL DVD ETF | 11.42% | $38M | 365.2K |
| 2 | ISHARES TR | S&P 500 GRWT ETF · CORE HIGH DV ETF · CORE S&P500 ETF · CORE DIV GRWTH · U.S. TECH ETF · INTL SEL DIV ETF · RUS 1000 GRW ETF | 9.90% | $33M | 310.5K |
| 3 | VDCVANGUARD WORLD FD | INF TECH ETF · CONSUM STP ETF | 6.59% | $22M | 41.5K |
| 4 | MEDTRONIC PLC | SHS | 5.77% | $19M | 218.9K |
| 5 | MSFTMICROSOFT CORPhistory → | COM | 5.06% | $17M | 33.7K |
| 6 | BSXBOSTON SCIENTIFIC CORPhistory → | COM | 4.36% | $14M | 134.2K |
| 7 | AAPLAPPLE INChistory → | COM | 4.03% | $13M | 65.0K |
| 8 | FIDELITY COVINGTON TRUST | CONSMR STAPLES · MSCI INFO TECH I · MSCI ENERGY IDX | 3.95% | $13M | 205.3K |
| 9 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 2.85% | $9M | 46.1K |
| 10 | AVGOBROADCOM INChistory → | COM | 2.75% | $9M | 33.0K |
| 11 | TSMTAIWAN SEMICONDUCTOR MFG LTDhistory → | SPONSORED ADS | 2.43% | $8M | 35.5K |
| 12 | NVDANVIDIA CORPORATIONhistory → | COM | 2.19% | $7M | 45.8K |
| 13 | GOOGALPHABET INChistory → | CAP STK CL C | 1.51% | $5M | 28.2K |
| 14 | AMZNAMAZON COM INChistory → | COM | 1.50% | $5M | 22.6K |
| 15 | SPDR S&P 500 ETF TR | TR UNIT | 1.33% | $4M | 7.1K |
| 16 | VTVVANGUARD INDEX FDS | S&P 500 ETF SHS · VALUE ETF | 1.16% | $4M | 11.3K |
| 17 | MLB1MERCADOLIBRE INChistory → | COM | 1.04% | $3M | 1.3K |
| 18 | METAMETA PLATFORMS INC | CL A | 1.00% | $3M | 4.5K |
| 19 | JPMJPMORGAN CHASE & CO. | COM | 0.85% | $3M | 9.7K |
| 20 | TSLATESLA INC | COM | 0.79% | $3M | 8.2K |
| 21 | ABBVABBVIE INC | COM | 0.74% | $2M | 13.1K |
| 22 | J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 0.73% | $2M | 47.8K |
| 23 | SHOPSHOPIFY INC | CL A SUB VTG SHS | 0.66% | $2M | 18.9K |
| 24 | SESEA LTD | SPONSORD ADS | 0.65% | $2M | 13.4K |
| 25 | MMM3M CO | COM | 0.65% | $2M | 14.0K |
| 26 | CGGRUSDCAPITAL GROUP GROWTH ETF | SHS CREATION UNI | 0.60% | $2M | 49.0K |
| 27 | CGGOUSDCAPITAL GROUP GBL GROWTH EQT | SHS CREATION UNI | 0.55% | $2M | 56.5K |
| 28 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.53% | $2M | 3.2K |
| 29 | ASML HOLDING N V | N Y REGISTRY SHS | 0.47% | $2M | 1.9K |
| 30 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.46% | $2M | 3.1K |
| 31 | SCHWAB STRATEGIC TR | US DIVIDEND EQ | 0.43% | $1M | 54.3K |
| 32 | UNHUNITEDHEALTH GROUP INC | COM | 0.41% | $1M | 4.4K |
| 33 | JNJJOHNSON & JOHNSON | COM | 0.36% | $1M | 7.9K |
| 34 | ABTABBOTT LABS | COM | 0.35% | $1M | 8.5K |
| 35 | COSTCOSTCO WHSL CORP NEW | COM | 0.34% | $1M | 1.1K |
| 36 | ISHARES U S ETF TR | U.S. TECH INDEPD | 0.30% | $1M | 10.7K |
| 37 | AMGNAMGEN INC | COM | 0.30% | $998,899 | 3.6K |
| 38 | ORCLORACLE CORP | COM | 0.30% | $991,357 | 4.5K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $358M | 716 | May 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $371M | 714 | Jan 28, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $361M | 724 | Oct 22, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $331M | 724 | Jul 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $292M | 724 | Apr 18, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $298M | 726 | Feb 3, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $288M | 685 | Oct 17, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $271M | 681 | Aug 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $264M | 669 | Apr 19, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $246M | 706 | Feb 1, 2024 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.